BOSTON: President Joe Biden told campaign donors Tuesday that he wasn’t sure he’d be running for reelection if Donald Trump wasn’t also in the race, warning that democracy is “more at risk in 2024” and that the former president and his allies are out to “destroy” democratic institutions.
The president was using a trio of fundraisers to caution against what might happen should his predecessor again claim control of the White House, noting that Trump has described himself as his supporters’ “retribution” and has vowed to root out “vermin” in the country.
“We’ve got to get it done, not because of me. ... If Trump wasn’t running I’m not sure I’d be running. We cannot let him win,” Biden said, hitting the last words slowly for emphasis.
Biden’s forceful rhetoric came as Trump, the current GOP front-runner, who tried to overturn the 2020 election he lost and is facing criminal charges connected to those efforts, attempted over the weekend to turn the tables by calling Biden the “destroyer of American democracy.”
Trump on Tuesday was asked by Fox News Channel’s Sean Hannity to promise he “would never abuse power as retribution against anybody.”
“Except for day one,” Trump responded. “I want to close the border and I want to drill, drill, drill.”
“After that I’m not a dictator,” Trump added.
Biden’s campaign quickly seized on the comments with an email that read, “Donald Trump: Day One Dictator.” Later, Biden was asked by reporters whether he would be running if Trump wasn’t and gave a slightly different comment, saying, “I expect so, but look, he is running and I have to run.”
He was asked if he would drop out if Trump did and said, “No, not now.”
Biden, who said he is not alone in sounding the alarm over Trump, noted that Trump is the “only losing candidate” in US history to not accept the results. Biden also said that on Jan. 6, 2021, as Trump supporters violently stormed the US Capitol in a failed attempt to stop the certification of the election results, Trump sat in his dining room just off the Oval Office, “watching them threaten his own vice president.”
Biden also highlighted recent warnings about Trump from former Rep. Liz Cheney, R-Wyoming, calling her a “powerful voice.”
“American democracy, I give you my word as a Biden, is at stake,” the president said at the first of three campaign fundraisers in the Boston area. Drawing some laughter from donors, Biden also mused: “He didn’t even show up at my inauguration. I can’t say I was disappointed, but he didn’t even show up.”
The warnings by Biden are increasingly part of his pitch to donors: that democracy is at stake if Trump were to win again and he must be defeated. The president is pushing to raise money for his reelection effort before the end of the year, appearing at seven events through Monday — with more to come. The events in Boston on Tuesday benefit his campaign and the broader Democratic Party.
They included an evening event in the city’s theater district featuring a concert by singer-songwriter James Taylor, who helped kick off a White House event in 2022 celebrating the Inflation Reduction Act, a climate and health care bill that Biden signed into law.
Onstage, Biden joked to the packed theater audience that he wouldn’t be long because he knew he was “the only thing standing” between the audience and the performance by Taylor.
“We’re always going to defend protect and fight for democracy,” he said. “That’s why I’m running.”
November was the campaign’s strongest grassroots fundraising month since Biden formally announced last April that he was seeking a second term, according to a campaign official who insisted on anonymity to discuss campaign finances before details are made public. The numbers will be released in January.
In October, Biden and the Democratic National Committee reported raising more than $71 million for his reelection in the three months ending Sept. 30, a sign that donors remained behind him going into the 2024 presidential race.
Biden had only political events on his public schedule for Tuesday, which is rare. Presidents who are running for reelection typically include an official event, like a policy speech, on the schedule to help defray costs for their campaign.
Biden will also attend a fundraiser Wednesday near the White House and another one Monday in Philadelphia. He’ll headline fundraisers in Washington, D.C., and in Maryland later in December.
On Friday, Biden will head to Los Angeles for a big-dollar event that will be his first since strikes by writers and actors effectively ground his fundraising to a halt in the heart of the entertainment industry, which has long served as a major source of campaign money for Democrats.
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Joe Biden tells campaign donors: I am running for reelection to prevent Donald Trump’s return
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Joe Biden tells campaign donors: I am running for reelection to prevent Donald Trump’s return
- President using a trio of fundraisers to caution against what might happen should his predecessor again claim control of the White House
US allows oil majors to broadly operate in Venezuela, new energy investments
- Treasury Department issues general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela
- Move is the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro
WASHINGTON: The US eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow global energy companies to operate oil and gas projects in the OPEC member and for other companies to negotiate contracts to bring in fresh investments. The move was the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro last month.
The Treasury Department’s Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela. Those companies still have offices in the country and stakes in projects, and are among the main partners of state-run company PDVSA.
The authorization for the oil majors’ operations requires payments for royalties and Venezuelan taxes to go through the US-controlled Foreign Government Deposit Fund.
The other license allows companies around the world to enter contracts with PDVSA for new investments in Venezuelan oil and gas. The contracts are contingent on separate permits from OFAC.
The authorization does not allow transactions with companies in Russia, Iran, or China or entities owned or controlled by joint ventures with people in those countries.
The licenses “invite American and other aligned companies to play a constructive role in supporting economic recovery and responsible investment, ” the US State Department said in a release. Additional authorizations may be issued “as necessary,” it said.
A spokesperson for Chevron, the only US oil firm currently operating in Venezuela, said the company welcomed the new licenses.
“The new General Licenses, coupled with recent changes in Venezuela’s Hydrocarbons Law, are important steps toward enabling the further development of Venezuela’s resources for its people and for advancing regional energy security,” the spokesperson said in a statement.
Eni said it is assessing the opportunities in Venezuela that the authorization opens up.
Oil law reform
The US licenses follow a sweeping reform of Venezuela’s main oil law approved last month, which grants autonomy for foreign oil and gas producers to operate, export and cash sale proceeds under existing joint ventures with PDVSA or through a new production-sharing contract model.
The US has had sanctions on Venezuela since 2019 when President Donald Trump imposed them during his first administration. Trump is now seeking $100 billion in investments by energy companies in Venezuela’s oil and gas sector. US Energy Secretary Chris Wright said on Thursday, during his second day of a trip to Venezuela, that oil sales from the country since Maduro’s capture have hit $1 billion and would hit another $5 billion in months.
Wright said the US will control the proceeds from the sales until Venezuela stands up a “representative government.” Since last month, the Treasury issued several other general licenses to facilitate oil exports, storage, imports and sales from Venezuela. It also authorized the provision of US goods, technology, software or services for the exploration, development or production of oil and gas in Venezuela.
The Venezuelan government expropriated assets of Exxon Mobil and ConocoPhillips in 2007 under then-President Hugo Chavez. The Trump administration is trying to get those companies to invest in Venezuela as well. At a meeting at the White House with Trump last month, Exxon Mobil CEO Darren Woods said Venezuela was “uninvestable” at the moment.
Wright said on Thursday that Exxon, which no longer has an office in Venezuela, is in talks with the government there and gathering data about the oil sector. Exxon did not immediately comment.
The Treasury Department’s Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela. Those companies still have offices in the country and stakes in projects, and are among the main partners of state-run company PDVSA.
The authorization for the oil majors’ operations requires payments for royalties and Venezuelan taxes to go through the US-controlled Foreign Government Deposit Fund.
The other license allows companies around the world to enter contracts with PDVSA for new investments in Venezuelan oil and gas. The contracts are contingent on separate permits from OFAC.
The authorization does not allow transactions with companies in Russia, Iran, or China or entities owned or controlled by joint ventures with people in those countries.
The licenses “invite American and other aligned companies to play a constructive role in supporting economic recovery and responsible investment, ” the US State Department said in a release. Additional authorizations may be issued “as necessary,” it said.
A spokesperson for Chevron, the only US oil firm currently operating in Venezuela, said the company welcomed the new licenses.
“The new General Licenses, coupled with recent changes in Venezuela’s Hydrocarbons Law, are important steps toward enabling the further development of Venezuela’s resources for its people and for advancing regional energy security,” the spokesperson said in a statement.
Eni said it is assessing the opportunities in Venezuela that the authorization opens up.
Oil law reform
The US licenses follow a sweeping reform of Venezuela’s main oil law approved last month, which grants autonomy for foreign oil and gas producers to operate, export and cash sale proceeds under existing joint ventures with PDVSA or through a new production-sharing contract model.
The US has had sanctions on Venezuela since 2019 when President Donald Trump imposed them during his first administration. Trump is now seeking $100 billion in investments by energy companies in Venezuela’s oil and gas sector. US Energy Secretary Chris Wright said on Thursday, during his second day of a trip to Venezuela, that oil sales from the country since Maduro’s capture have hit $1 billion and would hit another $5 billion in months.
Wright said the US will control the proceeds from the sales until Venezuela stands up a “representative government.” Since last month, the Treasury issued several other general licenses to facilitate oil exports, storage, imports and sales from Venezuela. It also authorized the provision of US goods, technology, software or services for the exploration, development or production of oil and gas in Venezuela.
The Venezuelan government expropriated assets of Exxon Mobil and ConocoPhillips in 2007 under then-President Hugo Chavez. The Trump administration is trying to get those companies to invest in Venezuela as well. At a meeting at the White House with Trump last month, Exxon Mobil CEO Darren Woods said Venezuela was “uninvestable” at the moment.
Wright said on Thursday that Exxon, which no longer has an office in Venezuela, is in talks with the government there and gathering data about the oil sector. Exxon did not immediately comment.
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